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Trade Market Risk Manager (global bank, contract)Allegis Global Solutions (Hong Kong) Limited
Trade Market Risk Manager (global bank, contract)Allegis Global Solutions (Hong Kong) Limited

Job Highlights

  • International Bank
  • Big exposure
  • Great career development opportunity

Job Description

The role is based on-site with our client, a reputable global bank with a strong presence in Asia Pacific. They are looking for a Senior / Trade Market Risk Manager to join the team.

 

Job duties:

  • Assist in maintaining and developing the Function’s capabilities and skills to meet ongoing business growth, needs and plans
  • Identify and escalate new and emerging risks that could be material to the region.  Recommend relevant governance to control these emerging risks to help the bank to avoid big loss.
  • Assist and design and oversee the implementation of relevant stress tests and scenario analysis for the GCNA region
  • Uphold the integrity of risk/return decisions by challenging business and control function heads to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and Risk Appetite
  • Identify and report key risks material to the Group and challenge the First Line to evidence that the material risks arising from their business activities have been identified, assessed, monitored and reported.
  • Monitor internal and external events material to the Group and ensure appropriate management action is being taken to mitigate their impact
  • Provide new product support in terms of risk measurement, limits and monitoring. Ensure relevant risk measures, controls and process is in place before approving the launch of new products.
  • Responsibility for regular or ad hoc market risk activities reports / information / analysis to management.
  • Monitor the operation of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulations. Maintain procedures for monitoring, management and reporting of operational risks arising within area of responsibility.

Support of Regulatory/Local Projects

  • Support of IMA Projects with

o   Conducting analysis to identify the gaps

o   Leading and providing guidance to local sites to ensure compliance

o   Proactively facilitate communication with stakeholders to remove blockers

o   Familiar with the calculation and rules and become the point of contact with regulator

  • Support local risk-wide initiatives/projects such as recovery planning, ICAAP, SDST etc.

Process Control

  • Ensure effective management of operational risks within the Function and compliance with applicable internal policies, and external laws and regulations
  • Supervise all processes where a member of the TRM Equities team is the identified first line process owner
  • Continuously improve the operational efficiency and effectiveness of the function
  • Assist in driving a consistent interpretation and application of market risk policies across all countries in the region.
  • Monitor on-going compliance with and effectiveness of the risk control environment

 

Job requirements:

  • Academic or Professional Education/Qualifications; Bachelor or above degree with quantitative skills. Language: Fluent in English.  
  • Bank training; mandatory e-learning: Volcker Rule – Role Specific (Financial Markets), Risk Management Framework
  • Proactive in Managing Risk
  • Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.
  • Excellent analytical skills and sound judgement in a rapidly changing environment
  • Ability to present complex risk issues to senior and non-technical stakeholders
  • Market Knowledge: Substantial experience at advanced level in the banking industry and equities market, including demonstrated success in a similar role.  In-depth knowledge and technical skills related to Market Risk.
  • Business Strategy and Model: Good business acumen (including ability to assess risk and appropriate levels of return), leadership experience, good interpersonal skills and multicultural awareness and sensitivity.
  • Risk Management and Control: Demonstrated track record in successful management and ability to manage risk in geographically dispersed and varied product base.  Expertise in process design and control.
  • Regulatory Framework and Requirements: Awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role.

Additional Information

Career Level

Not Specified

Qualification

Degree

Years of Experience

5 years

Employment Type

Contract, Full Time

Company Overview

Allegis Global Solutions is the exclusive Contingent HR services provider for one of the world’s leading banks.

At Allegis Global Solutions we’re proud to be the leader in global talent solutions. We draw upon decades of industry expertise to develop innovative tools, products, processes and strategies focused on outcome. Moreover, we’re incredibly proud to have built a culture that empowers our people to make their mark while making deep connections that will last a lifetime. With our passion and culture for talent, we are truly transforming the way the World acquires talent.

Our Client is one of the world's most international banks with over 1,100 branches, offices and outlets in 67 countries. They operate in some of the world's most dynamic markets and have been for over 150 years. More than 90 per cent of their income and profits are derived from Asia, Africa and the Middle East. 

This is an excellent entry level opportunity for candidates to gain experience in an international bank. All fresh graduates and entry level candidates are encouraged to apply.

Training and development will be offered in this role. This is a great opportunity to learn and grow your career in the Banking Industry. 

Additional Company Information

Benefits & Others

Dental insurance, Five-day work week, Medical insurance